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  2. Borrowing against your life insurance policy

    www.aol.com/finance/borrowing-against-life...

    Think of it as giving yourself a loan from the value you’ve built up over time. However, don’t expect instant access to those funds. For most policies, surrender charges exist during the first ...

  3. Can you take a life insurance policy out on anyone?

    www.aol.com/finance/life-insurance-policy-anyone...

    To take out a life insurance policy on someone other than yourself, you must have a financial stake in their life. It is impossible to take out a life insurance policy against an ailing public ...

  4. The Pros and Cons of Borrowing Money From Your Life Insurance ...

    www.aol.com/finance/pros-cons-borrowing-money...

    “Borrowing from your life insurance policy, particularly a whole life or universal life policy with an accumulated cash value, can be beneficial in times of financial hardship due to its quick ...

  5. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

  6. Voluntary life insurance

    www.aol.com/finance/voluntary-life-insurance...

    Voluntary life insurance is an optional group life insurance policy offered by select employers, usually at a discounted rate. ... You may be able to purchase additional coverage for yourself or a ...

  7. AOL MyLifeProtected - Member Benefit FAQs - AOL Help

    help.aol.com/articles/mylifeprotected-member...

    After answering a few questions about yourself and the type(s) of insurance you’re interested in, AOL MyLifeProtected will present you with multiple quotes for you to compare. Once you’ve picked the one you like, an AOL MyLifeProtected representative will call you about the details of your policy and close the deal.

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